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Digital Diabetes Management Market Anticipated To Propel at a CAGR Of 22.04% From 2020 To 2025 Globally – AXIOM MRC
Axiom Market Research & Consulting
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New York, April 30, 2019: Axiom Market Research & Consulting™ added a report on global digital diabetes management market which includes study on various product & services, device type, end user across various countries of key regions across the globe. The global digital diabetes management market was projected to grow at a CAGR of 22.04% for the forecast period 2019 to 2025. The global market is estimated and forecasted in terms of revenue (USD billion) generated by the digital diabetes management market.
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Digital tools usually deliver automatic displays of customized data that enable users to better understand trends and analyze the effects of performance change on their health. Various product & services included in the report are segmented into devices, digital diabetes management apps, data management software & platforms and services. The devices studied in this vertical are smart glucose meters, continuous glucose monitoring systems, smart insulin pens and smart insulin pumps & smart insulin patches. Furthermore, the digital diabetes management apps are classified into diabetes & blood glucose tracking apps and weight & diet management apps. Moreover, the services segment is bifurcated into remote monitoring services, diagnosis & consultation services, database management services and others. Various devices used for this market are wearable and handheld devices. The end users studied in this report are self/home healthcare, hospitals & specialty diabetes clinics and academic & research institutes. Geographically, the global digital diabetes management market is segmented into North America, Europe, Asia Pacific and Rest of the World.
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The digital diabetes management market is growing at a significant rate, propelled by the growing adoption of cloud-based enterprise solutions for diabetes management coupled with new demand avenues in established markets. Increasing diabetes-related health expenditure in emerging economies is the major factor influencing the demand for digital diabetes management worldwide. Several key companies as well as start-ups are developing wearable devices to not only monitor blood glucose, but also identify the condition ahead of time. These devices come in the form of wristbands, smart watches, skin patches, smart socks and even contact lenses.
The key companies having strong hold in digital diabetes management vertical includes Medtronic PLC (Ireland), F. Hoffmann-La Roche (Switzerland), Dexcom, Inc. (United States), Ascensia Diabetes Care Holdings AG (Switzerland), Abbott Laboratories (United States), B. Braun Melsungen AG (Germany), Tidepool (United States), Glooko, Inc. (United States), Lifescan, Inc. (United States), Agamatrix, Inc. (United States), Tandem Diabetes Care, Inc. (United States), Insulet Corporation (United States), Dariohealth Corporation (Israel), Abacus Health Solutions (United States), Betr Health (United States), Canary Health (United States), WellDoc, Inc (United States), Cappa Health (United States), Novo Nordisk, Inc. (United States), Cecelia Health (United States), HabitNu (United States), HealthSlate (United States), Livongo (United States), Informed Data Systems Inc. (United States), Lark Technologies (United States), Real Appeal (United States), Solera Health (United States), Omada Health (United States), Blue Mesa Health (United States), Vida Health (United States), Yes Health (United States) and Voluntis S.A (France).
Axiom Market Research & Consulting™ offers market research and data analytics services such as syndicated market research reports, custom market research reports, business consulting, consumer/end user survey, data processing & analytical services, social media analytics across various industry verticals such as, Life Science, Chemicals &Materials, Food & Beverages, Packaging Agriculture, Power & Energy.
Market research reports are based on scientifically developed statistics and content analytics tool ‘Qual-Quant Data Model’, in which various industry vertical’s qualitative information such as market drivers, restraints, opportunities, market trends, competitive landscapes etc. are tracked and compared. The tool also helps in the extraction of market size and growth rates and compares the value chain of the industry vertical.
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